A statement released earlier today by Pivotal Research about Sirius XM Holdings (NASDAQ:SIRI) bumps the target price to $5.65

Pivotal Research bumped up the target of Sirius XM Holdings (NASDAQ:SIRI) to $5.65 indicating a possible upside of 0.36%.

Yesterday Sirius XM Holdings (NASDAQ:SIRI) traded -0.48% lower at $4.14. Sirius XM Holdings’s 50-day average is $4.17 and its two hundred day average is $4.04. With the last close up 2.63% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 46,138,014 shares of the stock traded hands, down from an average trading volume of 53,344,700

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Sirius XM Holdings has a 52 week low of $3.29 and a 52 week high of $4.44 with a P/E ratio of 34.54 The company’s market cap is currently $0.

In addition to Pivotal Research reporting its stock price target, a total of 15 brokers have issued a research note on the company. The average stock price target is $4.56 with 6 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 6 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Sirius XM Holdings (NASDAQ:SIRI)

Sirius XM Holdings Inc. provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic and weather reports for 21 metropolitan markets. It also streams music and non-music channels over the Internet; and offer applications to allow consumers to access its Internet radio service on smartphones and tablet computers. In addition, the company distributes satellite radios through the sale and lease of new vehicles; and acquires subscribers through the sale and lease of previously owned vehicles with factory-installed satellite radios. Its satellite radio systems include satellites, terrestrial repeaters, and other satellite facilities; studios; and radios. Further, the company provides satellite television services, which offer music channels on the DISH NETWORK satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; real-time traffic services; and real-time weather services. Additionally, it offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data services, remote vehicles diagnostics, stolen or parked vehicle locator services, and monitoring of vehicle emission systems. The company also sells satellite and Internet radios directly to consumers through its Website, as well as through national and regional retailers. The company was founded in 1990 and is headquartered in New York, New York. Sirius XM Holdings Inc. operates as a subsidiary of Liberty Media Corporation.